Investing in Cryptocurrencies - Deepstash
Getting started with Cryptocurrency

Learn more about crypto with this collection

Understanding the basics of cryptocurrency

How to store cryptocurrency securely

Risks and benefits of investing in cryptocurrency

Getting started with Cryptocurrency

Discover 84 similar ideas in

It takes just

13 mins to read

Investing in Cryptocurrencies

A cryptocurrency's price can fluctuate over 10% in one day. It is great if you're looking for high returns, but not for the risk-averse investor.

There is always a risk of losing your money to the market. If you believe in the future of cryptocurrency, holding on to your crypto assets long term may be more valuable.

299

1.09K reads

MORE IDEAS ON THIS

How to trade crypto successfully

  1. Learn how to read the charts. The best way is through price action - a technique used by most professional traders.
  2. Trade with a proven trading strategy or a combination of strategies.
  3. Have a solid trading system

309

1.22K reads

Best cryptocurrency brokers

Coinbase is a good option for new investors as it has a free cryptocurrency conversion feature where you can trade your crypto for any other token that Coinbase supports.

Other solid crypto brokerages are eToro, Binance and Gemini

304

1.38K reads

5 steps to trading cryptocurrency

5 steps to trading cryptocurrency

  1. Make a cryptocurrency brokerage account. Coinbase, Gemini and eToro are good crypto brokerages. 
  2. Fund your account. Connect it to your bank account. Most crypto brokerages offer bank funding through debit cards and wire transfers. 
  3. Pi...

335

1.32K reads

Choosing a cryptocurrency

Ensure to invest in cryptocurrencies that have a solid team backing the project.

Decentralized finance (DeFi) cryptocurrencies are some of the hottest altcoins of 2021. Altcoins are a general term for any cryptocurrency that is not Bitcoin. DeFi tokens are usually built on Ethereum'...

315

1.2K reads

CURATED FROM

CURATED BY

elizabetlo

Health promotion specialist

Related collections

More like this

Passive Investing

Passive Investing

  • To ensure the highest margin of safety, choose an investment that gives consistent returns.
  • The most conservative investor will avoid short-term market volatility by investing in assets over the

Why are cryptocurrencies so popular?

Some of the reasons:

  • Some see cryptocurrencies such as Bitcoin as the currency of the future and are racing to buy them now, presumably before they become more valuable
  • Some like the fact that cryptocurrency removes central banks from managing the money supply ...

Stoic Path To Wealth: Grow Money

Stoic investors make smart, balanced bets. Most of us invest in secure funds with low returns. Investors looking at bigger returns opt for index funds. If you are okay with losing money, that does not mean that you should.

The 90/10 investing thumb rule states that we should put 90 percent...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates